tomo logo

$650,000

Beds
4
Baths
3.0
sq ft
2,028

1541 Shadowood Lane, Raleigh, NC 27612

1541 Shadowood Lane

Raleigh, NC 27612

  • 34 days on market
    • Price drop $50,000↓
Location, location, location! This enchanting home, nestled in the heart of Raleigh, offers an ideal blend of classic charm and modern convenience. Situated just 6 minutes (1.9 miles) from Crabtree Valley and 7 minutes (2 miles) from North Hills, you'll enjoy easy access to some of Raleigh's finest shopping and dining options. Built in 1966, this multi-layered home beautifully marries old-world character with contemporary updates. You'll immediately notice the rich hardwood floors that flow seamlessly throughout the family room and bedrooms, complemented by classic vintage tile in the foyer and baths. The kitchen has been thoughtfully updated with custom-crafted solid alder wood cabinets and sleek stainless steel appliances, creating a space that's both functional and stylish. The home features four spacious bedrooms and three full baths, including one with a charming clawfoot tub and another with under-cabinet accent lighting. For those with a passion for woodworking or crafting, the expansive workshop area will be a dream come true. Experience the perfect combination of vintage appeal and modern amenities in this delightful mid-century home—a must-see for anyone seeking both character and convenience.

Details

Property type

Single Family Residence

Est. home value

$646,842

Lot size

0.34 acres

Price per sq ft

$321

Year built

1966

Annual property taxes

$4,615.23

Price History

09/04/2024
TriangleMLS

TriangleMLS #10047215

Price change
$650,000
-7.14%
08/16/2024
TriangleMLS

TriangleMLS #10047215

Listed
$700,000
08/10/2024
TriangleMLS

TriangleMLS #10046227

Removed
$700,000

Schools & Community

Neighborhood: 

Six Forks

Elementary school: 

Wake - Brooks

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$539,983
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$58,017
Cash to seller
$539,983

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

June 2015

Original loan amount

$130,600

Est. remaining balance

$58,017

Interest rate

3.07%

Loan type

New Conventional, 15 year

Seller

Nathan A Marbrey and Dianna D Marbrey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 12:35 PM

Listing updated: 09/17/2024 at 11:19 PM

Listed by: Lucia Cooke, Cooke Property Phone #: (919) 818-5641

MLS: TriangleMLS #10047215

TriangleMLS logo

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